SAXON FRANKLIN N 4
4 · CULP INC · Filed Aug 10, 2020
Insider Transaction Report
Form 4
CULP INCCULP
SAXON FRANKLIN N
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2020-08-06+6,812→ 6,812 totalExercise: $0.00→ Common Stock (6,812 underlying)
Footnotes (2)
- [F1]Contingent right to receive issuance of Culp, Inc. common stock.
- [F2]These time-based restricted stock units could vest at one share of common stock per unit (6,812 total shares) if the recipient remains employed by the company at the end of the three-year vesting period beginning May 4, 2020 and ending April 30, 2023, per the terms of the award agreement.